Distribution of interest earned in 2022 from the 1994 endowment fund to the individual 1994 institutions

The U.S. Department of Agriculture's (USDA) National Institute of Food and Agriculture (NIFA) awarded a $165,761.20 Formula Grant under the Tribal Colleges Endowment Program (CFDA 10.222) to the Northwest Indian College Foundation on August 9, 2023. This funding supports the distribution of interest earned in 2022 from the 1994 Endowment Fund to the individual 1994 Land Grant Institutions, which are designated tribal colleges and universities. The Tribal Colleges Endowment Program aims to enhance educational opportunities at these minority-serving institutions by strengthening their teaching programs in food and agricultural sciences. The Northwest Indian College Foundation is a nonprofit organization that supports the mission of Northwest Indian College, an accredited tribal college serving Indigenous students in the Pacific Northwest.

Title v part c of the improving americas schools act of 1994 public law 103-382 (october 20 1994) cited as "equity in educational land-grant status act of 1994" provides that certain tribal colleges designated as "1994 institutions" receive various benefits. These include contributions by the federal government to an endowment fund the interest income from which is distributed to the 1994 institutions.